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Recently Developed Taco Bell Drive Thru | Secure 10 Year Lease to Collins Foods

15 Attlee Street, Currajong QLD

Property Highlights

10yr lease to 2029 + opts to 2049
Attractive fixed 3% rental increases
Tenant pays outgoings excl. land tax

Description

+ Fully leased to Collins Foods (ASX: CKF): fast food giant with a market cap of over $1.4 billion
+ Built new in 2019 – strong depreciation benefits
+ Large 2,327sqm corner site – shares access road with McDonald’s
+ Borders one of Townsville’s busiest intersections which sees over 72,000* vehicles per day
+ Surrounded by complementary retailers – directly opposite McDonald’s and nearby to Subway, Red Rooster, Zarraffa’s, Pizza Hut (all within 150m*)
+ Townsville: economic capital of North Queensland undergoing explosive growth – over $27B in infrastructure projects underway
+ Estimated Net Income of $173,973 pa*

For Sale by Investment Portfolio Auction
10:30AM (AEST) Thursday 16 December 2021
Hilton, Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
2,327 SQM
Building Area
1 SQM

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